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Terrace Bay, ON
Full City Profile · Ontario
3.2
/5.0
B
Good
1,528
Population
26/sq mi density
$86,000
Median Income
$51,400 per capita
$100,000
Home Value
$750
Median Rent
12.6% income on rent
36°F
Avg Temperature
278 sunny days/yr
B
Overall
3.2 / 5.0
Good overall score based on economy, affordability, safety and education
B+
Economy
3.6 / 5.0
$86,000 median income, 9.0% unemployment
A+
Affordability
5.0 / 5.0
$100,000 home value, $750/mo rent
C+
Safety
2.5 / 5.0
D
Education
1.8 / 5.0
10.5% bachelor's degree or higher
Income Overview
Median Household Income
$86,000
14% above
US avg: $75,149
Per Capita Income
$51,400
32% above
US avg: $39,052
Unemployment Rate
9.0%
150% above
US avg: 3.6%
Poverty Rate
6.8%
45% below
US avg: 12.4%
Income Comparison: Terrace Bay vs. U.S. Average
Each bar shows Terrace Bay’s value as a percentage of the national average (100% line = U.S. avg)
Median Household
US: $75,149
$86,000
114%
Per Capita
US: $39,052
$51,400
132%
Avg Weekly Wage
US: $1,432
$988
69%
Thin line = U.S. average (100%)
Employment & Commute
Avg Weekly Wage
$988
31% below US avg ($1,432)
Mean Commute Time
15 min
47% below US avg (28 min)
Work From Home
5.2%
66% below US avg (15.2%)
Drive Alone
82.6%
13% above US avg (73.2%)
Public Transit
0.0%
100% below US avg (5.0%)
How Residents Get to Work
Drive Alone
82.6%
Public Transit
0%
Work From Home
5.2%
Other
12.2%
Average commute time
15 minutes
US avg: 28 min
Business Landscape
Total Establishments
47
Complete Economy Data
Income & Wages
| Median Household Income | $86,000 |
| Per Capita Income | $51,400 |
| Avg Weekly Wage | $988 |
Hardship Indicators
| Unemployment Rate | 9.0% |
| Poverty Rate | 6.8% |
Commute
| Mean Commute | 15 minutes |
| Drive Alone | 82.6% |
| Public Transit | 0.0% |
| Work From Home | 5.2% |
Businesses
| Total Establishments | 47 |